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ARTICLE – Seasonal calm before the storm for Canberra’s tight rental market
12 October 2022 – Ian Bushnell @riotact –
Real Estate Institute of the ACT President and Director of Property Management at The Property Collective Hannah Gill said the real heat and urgency had gone out of the market in some areas as part of a seasonal switch.
Cost of living increases and economic uncertainty were also playing a part.
“Clients and prospective tenants are a bit more price sensitive,” she said. “There’s a lot of uncertainty around with media reports making people a bit anxious” she said.